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  5. ›GROUP VISION INSURANCE AND HEARING DISCOUNT SERVICES

Awarded contract·City of Palm Bay·Florida

GROUP VISION INSURANCE AND HEARING DISCOUNT SERVICES

Won by EYEMED VISION CARE +3 more$250kMultiple Award
Contract source

Awarded vendors

  • EYEMED VISION CARE
  • HUMANA INSURANCE COMPANY
  • METROPOLITAN LIFE INSURANCE COMPANY
  • NATIONAL VISION ADMINISTRATORS LLC

Description

The City of Palm Bay is seeking proposals from experienced and qualified firms to provide Group Vision Insurance and Hearing Discount Services to employees. The city currently offers vision insurance through 20/20 Eye Care Plan, but hearing discount services are not currently offered. The successful proposer will appoint a key contact for approval by the city's project manager. The contract will include the entire effort required to provide the service described. Key aspects of the contract include: • The city is seeking a single vendor to provide both group vision insurance and hearing discount services • The contract will be for a fixed term, although the exact duration is not specified • The city has provided census data for voluntary coverage, which is currently in place • The successful proposer will be required to appoint a key contact for approval by the city's project manager • The contract will include the entire effort required to provide the service described.

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
5241
Solicitation №
72-0-2016

Contract value

$250,000

The value of the contract is not explicitly stated in the document. However, based on the fact that the city is seeking a vendor to provide group vision insurance and hearing discount services to employees, it is likely that the contract value will be in the range of hundreds of thousands to millions of dollars. The city has provided census data for voluntary coverage, which may give some indication of the potential contract value. Assuming an average annual premium of $500 per employee, and an estimated 500 employees, the total contract value could be in the range of $250,000 to $500,000 per year.

AI estimate from the award documents

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